š¢ BREAKING NEWS šļø:
š¢ BREAKING NEWS šļø
Thu, 15/05/2025 - 15:45
Powellās Warning Sends Ripples Through Crypto: Whatās Next?
The crypto markets turned red today as traders digest the latest comments from Federal Reserve Chair Jerome Powell.
šļø Powell signaled that long-term interest rates may remain elevated due to ongoing āsupply shocksā and evolving economic conditions, according to CNBC.
šļø While inflation remains close to the Fedās 2% target, Powell stressed that weāre not heading back to the ultra-low interest rates of the past decade anytime soon.
Crypto investors are reacting with caution, as tighter financial conditions often dampen risk appetite across the board.
Will Bitcoin bounce back or is more pain ahead?
Drop your thoughts in the comments!
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